Delivering for the poorest in society

Last week, research from the IFS showed that the Conservative government's balanced approach to the economy is delivering for the poorest in society.

  • Absolute poverty is at its lowest ever level – it was 19 per cent in 2017–18, down from 22 per cent in 2011–12. 
  • Material deprivation among working-age families is 20 per cent lower under the Conservatives and has fallen amongst pensioners too. 
  • Earnings growth since the 2008 recession has been strongest for low earners – thanks in part to our National Living Wage and changes to the personal allowance.

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